When it comes to document management, many companies just “go with the flow,” even if there are other, better options out there. The main resistance comes from the worry of implementing a new system – that it will drain resources and time, and affect efficiency of the team.
Looking for ways for your organization to increase productivity and trim budgets? You’ve come to the right place.
DocuPhase’s “Business Process Automation” blog will provide valuable insight into how your company can benefit from implementing document management and workflow automation into existing processes.
One of the most common ways that companies get bogged down by their own weight is through poor accounting and financial management. In a survey conducted by Business-Software.com in May of 2013, nearly 200 finance executives in the U.S. were asked a series of questions to better understand the current state of finance departments around the country.
Manual invoice processing has its disadvantages. It’s time consuming, unclear, and hard to control. The number of invoices processed per employee is extremely low due to the hands-on tasks, and you’re in the dark as to where invoices are in the process. But still, an overwhelming number of companies suffer through traditional invoice processing procedures.
Mistakes happen. It’s a fact of life. We’ve even created language around our ability to own and wave off mistakes like “it happens to the best of us,” “it’s all good,” and “no worries.” But it doesn’t work that way when banks make mistakes. Instead, you get PR disasters and dire news like the following recent headlines:
Beginning a business on Day 1 with the perfect process in place is an impossible task. Though best practice approaches can provide a good framework, processes are often defined and redefined by trial and error, the passing of time and the introduction of new business theory and technologies. As you have experienced or can imagine, things can get a little messy in terms of manually constructed...
One mandate on every budget-conscious business’ collective mind is: get more done by spending less. In short, these businesses strive to be more productive and get more return on their investments without incurring additional debt like adding extra employees to manage an increasing workload, paying overtime or spending inordinate amounts of time in efficiency meetings. Is this really...